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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P Composite 1500 Materials (Sector) (CME:SP1500-15)

Long-Term Uptrend (+90) - SP1500-15 is in a strong uptrend that is likely to continue. While SP1500-15 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-15?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP1500-15
Open High Low SP1500-15 Price Change
628.60 631.13 626.59 629.45 +1.42
Entry Signal

MarketClub’s Trade Triangles for SP1500-15

long term up The long-term trend has been UP since Dec 13th, 2023 at 567.42

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2024 at 572.05

short term up The short-term trend has been UP since Mar 20th, 2024 at 615.66

Smart Scan Analysis for SP1500-15

Based on our trend formula, SP1500-15 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
628.60 631.13 626.59 629.45 +1.42
Prev. Close Volume Bid Ask Time
629.45 167330288 2024-03-28 16:19:29
52wk High470.0652wk High Date2017-12-06
52wk Low339.7252wk Low Date2018-10-26
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